滞涨：产量减少而物价上升的时期。

Stagflation is period of falling output and rising prices.

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随着物价上升，消费者的信心以及股票市场都是下跌。

As China's prices rise, consumer confidence and the stockmarket are falling.

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截止今年7月，物价上升了7.9%，是近16年内的最快增速。

In the year to July they rose by 7.9%, the fastest rate in almost 16 years.

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